digital lending
Finance
RBI to permit default loss guarantee arrangements in digital lending
The Reserve Bank of India (RBI) will put in place a regulatory framework to permit default loss guarantee arrangements for ......
Finance
PayU's LazyPay, Kissht blocked after IT Ministry's order
Digital lending platforms LazyPay and Kissht were impacted by the Ministry of Electronics and Information Technology’s (MeitY) latest move banning ......
Finance
Digital disbursements up 3x in Q2: Report
Disbursements by digital lending platforms more than tripled during Q2FY23 to Rs 14,016 crore, compared to Q2FY22, according to a ......
Finance
Fintech industry's capital constraints can impact credit profiles
The rise of global interest rates after more than a decade of ultra-low rates is affecting the fortunes of startups ......
Finance
Fintech firm MyShubhLife to raise $40 mn from existing, new investors
MyShubhLife (formerly Shubh Loans), backed by BeeNext and Omidyar Network, plans to raise $40 million (over Rs 300 crore) as part of its ......
TMT
CASHe enters wealthtech space with Sqrrl acquisition
Aeries Financial Technologies Pvt. Ltd, which runs fintech startup CASHe, has forayed into the wealth management space with the acquisition ......
Finance
AION Capital-backed Clix Capital shifts business strategy post pandemic
Private equity (PE) firm AION Capital-backed Clix Capital has changed its business model to work leaner with more granular and ......
TMT
RBI constitutes working group to assess risks from unregulated digital lenders
The Reserve Bank of India (RBI) on Wednesday announced the formation of a working group to assess the risks posed ......
TMT
Goldman Sachs joins digital lender ZestMoney's extended Series B round
Camden Town Technologies Pvt. Ltd, which operates digital point-of-sale consumer financing platform ZestMoney, has raised funding from the United States-based ......
Finance
SoftBank, VC firms fuel Latin American startups' expansion beyond borders
Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models ......
